Cabinet proposes cutting budget expenses for coalmines by UAH 3 bln due aggression in Donbas
The Cabinet of Ministers of Ukraine has proposed that expenses of the national budget for 2014 for support of coal industry are cut by UAH 3.044 billion due to military aggression in the eastern part of Ukraine.
The proposal is stipulated in cabinet's draft amendments to the national budget No. 1125 registered in the Ukrainian parliament.
According to the amendments, expenses on the partial coverage of cash cost of coal will be decreased by UAH 1.827 billion, on reconstruction of coal industry – by UAH 538 million and on partial refunding of credit rates to economic entities by UAH 432 million.
The government proposed that the sum saved will be sent to service state debt, which volume has grown due to the devaluation of the national currency.
Advertising
Advertising
MORE ABOUT
Ministry of Finance refuses to equalize tax capacity of communities in 2025 based on population size
19:43, 16.04.2024
Biden requesting $1.5 bln from Congress for 2025 fiscal year to combat Russia’s influence
19:50, 11.03.2024
Measures to increase state budget receipts in 2024 by UAH 44.2 bln include increase in war tax, excise taxes – Ministry of Finance
14:44, 04.03.2024
Ukraine's state budget deficit in Jan 2023 down to UAH 14.9 bln due to lack of funding – Ministry of Finance
16:34, 05.02.2024
Additional needs for mobilization and rearmament in 2024 estimated at approximately UAH 700 bln – head of Rada Budget Committee
17:36, 02.02.2024
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program